Travelers seen posting lower rev, EPS in quarterly results due Friday
TRV•Revenue and EPS expected to decline
The property and casualty insurer is expected to report quarterly revenue of $11.35 billion versus $11.54 billion a year ago, and adjusted EPS of $5.42 versus $6.51 a year ago, according to LSEG.
The company has beaten analysts' earnings expectations in all of the past eight reporting periods, per LSEG.
Pricing remains a focus for analysts
"Pricing remains a key area of focus," Jefferies analysts wrote in a recent note.
"Persistent pressure in property rates, limited evidence of casualty reacceleration, and a higher property mix for some carriers in 2Q point to further sequential moderation in reported pricing. Our analysis suggests TRV's RRC could slow by 50bps+ QoQ to 2.6% in 2Q26E," they wrote.
Analyst sentiment and stock performance
Of 31 analysts covering the stock, seven rate it buy or strong buy, 20 hold and four sell or strong sell.
Wall Street's median 12-month price target for Travelers is $326.50, about 3.1% below its last closing price of $336.83.
